Due to the significant disparity in living standards across different regions in China, local governments set their own minimum wages. The minimum wage in Shanghai, China's 'financial hub,' is ...
Local governments in China have been raising minimum wages, viewing a boost to the spending power of the country’s middle- and low-income groups as a top priority in efforts to stimulate ...
A parallel governance structure has emerged, with DCs, UNOs, and divisional commissioners dominating local administration and maintaining strong links to central bureaucracy. These bureaucrats hold ...
China’s property crisis is expected to worsen ... to construction companies and furniture suppliers. Now, Chinese local governments are following suit.
There seems to be a consensus among the three leading political parties on resisting the democratic empowerment of local governments ... bottom-up democratic state structure can only be built ...
Ever since China unleashed a massive wave of credit to stoke its domestic economy in the depths of the global financial crisis, policymakers have been dealing with the dangers posed by a structure on ...
China’s central government urged local authorities to offer handouts to people struggling with the cost of living, Xinhua News Agency reported, citing a notice from the Ministry of Civil Affairs.
Korea Joongang Daily on MSN5 天Opinion
Beware China's 'deflation offensive' on the car market
The Chinese “deflation offensive” has now set its sights on Korea’s car market. Some are arguing for higher tariff walls to ...